EG is pleased to announce the launch of its refreshed Sustainability Strategy, setting a clear and active direction for how sustainability creates value across our business, funds and assets. Development of the strategy commenced in the first half of FY2026 and has been shaped by stakeholder engagement, research into environmental and social megatrends, benchmarking against industry best practice, and a review of the sustainability issues that matter most to our investors, building occupants and communities. The strategy has been intentionally aligned to our funds’ value drivers, ensuring sustainability is embedded in how we create value across the business.
The strategy is structured around two priorities, where we will focus most of our attention and energy to drive real outcomes, supported by seven foundations, where we will maintain standards and minimise risk as a responsible business.
A focused strategy built around two priorities
Our refreshed strategy concentrates our attention and resources on the two priority areas where EG can make the greatest tangible contribution: Occupant Connection and Climate Action.
Occupant Connection
Buildings are only as valuable as the experience they offer the people inside them. Our Occupant Connection priority seeks to boost asset value and income through active engagement with the people in our buildings, focusing on three areas of action:
- Occupant Engagement – active and targeted tenant engagement, deployment of tenant-focused property technology, and annual satisfaction surveys.
- Combating Loneliness – rolling out the Good Work program at our office assets, in partnership with the Little BIG Foundation, and launching a quarterly tenant newsletter across our portfolio focused on supporting our tenants to build connection and reduce loneliness within their businesses.
- Sustainability-Integrated Buildings – development and delivery of fit out guidelines and development sustainability standards that embed sustainable design and best practice into our assets.
Climate Action
Our Climate Action priority seeks to boost asset value and mitigate risk through progressive, commercially conscious decarbonisation and the management of climate-related physical risks, focusing on two areas of action:
Asset Resilience – assessing physical climate risk exposure, conducting vulnerability assessments, and delivering targeted enhancements that build both physical and financial resilience.
Decarbonisation – asset optimisation, rollout of onsite renewables, renewable energy procurement, and engagement with tenants to reduce Scope 3 emissions.
Supported by seven Sustainability Foundations
While our two priorities are where we will focus most of our energy, we remain firmly committed to managing the broader sustainability risks and opportunities relevant to our business and stakeholders. Seven Sustainability Foundations underpin the strategy:
- Circularity – waste and water management across our assets and developments.
- Reconciliation – delivery of EG’s first Reconciliation Action Plan (RAP) and aligned activities at our assets.
- Human Rights – ensuring compliance with the Australian Modern Slavery Act and managing human rights related risks across our assets and supply chain.
- Diversity, Equity & Empowerment – fostering an inclusive workplace culture, ensuring inclusive practices at our assets, and running our staff engagement and development program, EG Grow.
- Philanthropy & Community – direct engagement with and support for the charities EG has founded or is materially involved in, including the Little BIG Foundation and the Australian Remembrance Foundation.
- Governance & Reporting – delivering responsible investment practices and policies, maintaining responsible disclosure of sustainability outcomes and metrics, and benchmarking fund performance annually through GRESB.
- Nature – ensuring biodiversity is considered at each of our developments and acquisitions.
Measurable targets and outcomes
To ensure the strategy delivers measurable outcomes and real value to stakeholders, EG has set the following strategy-aligned targets for our funds management portfolio:
- Climate Action: Procure 100% renewable electricity across all assets by 2030.
- Climate Action: Achieve absolute zero emissions (Scope 1, Scope 2 and Operational Scope 3) across all assets by 2040.
- Occupant Connection: Deliver tenant satisfaction surveys across 100% of assets in 2026, establishing a baseline against which we will target satisfaction improvements in future years.
- Circularity: Improve our portfolio-wide average NABERS Waste Rating from 2.5 to 3.5 by 2028.
From strategy to action
The strategy is already being put to work across our funds. Recent activity includes workplace wellbeing activations delivered through the Good Work program, smart building technology driving down energy consumption and emissions across our office portfolio, structured assessments of physical climate risk exposure, targeted waste management uplift programs to improve recycling outcomes and NABERS Waste Ratings, and feasibility work on EV charging infrastructure.
For EG, sustainability and performance are not competing objectives, they reinforce one another. Our refreshed strategy embeds that conviction across our funds and assets, directing our energy to where it will deliver the most meaningful outcomes for the people who invest in, work in and live around our buildings. We look forward to reporting on progress against our sustainability programs and targets in our annual sustainability report and other disclosures.
For more on EG’s approach to responsible investment, visit eg.com.au/sustainability.